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The Latest Breaking News from Binance

Binance’s new CEO on the post-CZ era and what comes next

Replacing a founding CEO is never easy. For incoming Binance CEO Richard Teng, the task will be even tougher than usual.

Fortune

Binance's Changpeng Zhao Could Be Detained In The US, Spend A Decade In Jail

Zhao and the crypto exchange he founded, Binance, pleaded guilty to the DOJ's charge of one count of violating the Bank Secrecy Act.

International Business Times

New Binance CEO Richard Teng says firm has ‘robust timeline’ for board, financial disclosures

In his first on-the-record interview, Binance’s new CEO explained how he will guide the company in the post-CZ era.

Fortune

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BONE ShibaSwap Now Available On Binance, But There's A Catch

Last week, there were three transactions that transferred BONE tokens to a wallet associated with Binance. This activity sparked speculation about the potential listing of the Shibarium gas fee token on the exchange.

International Business Times

Binance founder Changpeng Zhao urges judge to let him leave the U.S. before sentencing—after the DOJ scrambles to stop him

The crypto billionaire wants to await his sentencing while spending time with family in the UAE—which has no extradition treaty with the U.S.

Fortune

Bitcoin Tops $38,000 For First Time This Year In Hectic Crypto Week

Bitcoin hit a 2023 high in a week that saw problems at Binance and HTX.

Kiplinger

CZ Under Fire: X Restricts Ex-Binance CEO's Account; DOJ Scrambles To Prevent Him From Leaving US

Changpeng Zhao created a buzz on Tuesday when he announced that he was stepping down as the CEO of Binance, and now he is under fire.

International Business Times

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KuCoin Delists 10 Altcoins, Withdrawals Available Only Till May 2024

The delisting, which takes effect from Friday, is a bold move as it reflects the exchange's commitment to its Special Treatment Rules, which disqualifies the affected tokens and essentially removes them from the platform.

International Business Times

Binance’s DOJ Settlement Sparks Crypto Market Volatility

Bitcoin sees mixed trading as altcoins prepare for next surge; Analysts predict bitcoin to surpass $40,000

Zenger

Binance Founder Zhao’s Wealth Fluctuates Amid Resignation And $4.3B Settlement

Changpeng Zhao's fortune sees ups and downs as he steps down from Binance and faces hefty fines.

Zenger

Crypto Market Rebounds As Spot Bitcoin ETF Optimism Resurfaces

Cryptocurrencies surge as optimism grows for spot Bitcoin ETF approval.

Zenger

Binance, CEO Admit Guilt In $4B Settlement With U.S. DOJ

World's largest crypto exchange faces charges related to money laundering and violations of U.S. laws.

Zenger

Can Binance survive fallout from founder Changpeng Zhao's guilty plea?

Binance has seen outflows of over $1 billion in the past 24 hours, according to analysis firm Nansen. This is sparking questions on whether the crypto exchange can withstand its founder Changpeng Zhao pleading guilty to breaking US anti-money laundering laws and stepping down as CEO. Also, US and international…

France 24

Binance CEO Steps Down Amid AML Breaches, Investor Eyes Compliant Alternatives

Changpeng Zhao's resignation and $50 million contribution follow regulatory settlement, Kevin O'Leary recommends M2 Exchange

Zenger

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Zenger

World’s Largest Crypto Exchange Hit With Record Fine, CEO Resigns

Binance CEO fined $4.3B for AML violations, steps down

The Independent UK

Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action

While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry

Fortune

Binance saw $800 million in outflows after news broke of Changpeng Zhao’s plea deal. Experts say it could have been much worse

The company saw $800 million of outflows in some of the largest cryptocurrencies over the past day.

The Guardian - UK

Changpeng Zhao: another crypto king is dethroned by America’s courts

Weeks after the Bankman-Fried trial, the billionaire founder of the largest cryptocurrency exchange has been fined $50m and resigned

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PC Gamer

Another one bites the dust: Binance CEO quits as both he and the company plead guilty to money laundering charges and accept whopping $4.3 billion fine

Changpeng Zao founded the company in 2017, and it's since become the world's largest crypto market.

Fortune

Binance avoided a death sentence—but the slow bleed is yet to come

The long-awaited settlement with the crypto exchange avoided FTX territory.

The Guardian - UK

First Thing: Israel and Hamas agree to four-day ceasefire and release of 50 hostages

Israel approves deal in which 50 Israeli women and children will be released in exchange for 150 jailed Palestinians and a lull in fighting. Plus, thousands sign up to anti-loneliness club in LA

Zenger

Binance Hit With $4.3B Justice Department Penalty: Yellen Says Crypto Exchange ‘Turned A Blind Eye’ To The Law

Binance admitted guilt to federal charges Tuesday as part of resolution with U.S. Justice Department amounting to over $4 billion

France 24

After days of turmoil at OpenAI, co-founder Sam Altman to return as CEO

After days of turmoil at OpenAI, ousted leader Sam Altman is to return as CEO. The San Francisco-based company issued a statement late on Tuesday saying an agreement had been reached in principle with Altman to take back his role with a new board. Also in this edition, the head…

Zenger

Bitcoin,Ethereum,Dogecoin Tumble After Binance CEO Changpeng Zhao Resigns,Pleads Guilty To Felony Charge

Major cryptocurrencies experienced a downturn on Tuesday evening following a significant development involving Binance

Fortune

Analysis: Binance’s $4 billion plea deal is a victory for the company—but there’s a huge catch

It appears Binance may survive its founder and CEO stepping down. But can the crypto exchange thrive under the thumb of U.S. regulators?

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